30 UGBS students benefit from GH¢200,000 Fellowship awards
Thirty students of the University of Ghana Business School (UGBS) have benefited from the first Axis Pensions Young Scholars Fellowship awards worth GH¢200,000.
The first cohort of beneficiaries, which include seven females, are expected to receive GH¢6,600 each for the academic year.
The scholarship covers full tuition and accommodation fees, semester stipend, student development programmes, including career and skills training, internship opportunities and mentorship.
It targets brilliant needy students who have obtained a CGPA of 3.0 and above at levels 200 to 400.
It forms part of the Axis Pension Trust's corporate social responsibility and activities to mark the 10th anniversary of the trust.
At the inauguration of the Axis Young Scholars Fellowship, the Board Chairman of Axis Pension Trust, Ernest Kusi Ababio, said the programme represented the firm's long-term commitment to direct a significant proportion of its CSR budget towards tertiary education.
He said it was undeniable that many families were struggling to keep up with the highly subsidised cost of tertiary education; hence, the reason to support struggling students in the country.
He indicated that more resources were needed to address the burgeoning demand for quality tertiary education, and urged the private sector to support.
Mr Ababio said the beneficiaries would be empowered for success in the world of work through a curated curriculum in leadership, career planning, financial education, and skills development.
The beneficiaries, he said, would represent the firm's brand, and also serve as agents of positive change, champion financial literacy education and inspire a culture of savings in their communities.
The Vice-Chancellor of the University of Ghana (UG), Nana Aba Appiah Amfo, said the partnership was a collective responsibility in extending access to higher education and building a better future.
The partnership, she said, aligned with the sustainable development goal (SDG) 4 of the United Nations on quality education, which seeks to ensure inclusive and equitable quality education and to promote life-long learning opportunities for all.
“This Scholarship does not only represent financial activity, but an investment in the future of the dreams of young minds and the collective progress of our world. Together, we can make a positive impact and work towards the realisation of making higher education accessible to all, ensuring that no one is left behind,” she said.
The scholarship, Prof. Amfo said, complemented her vision to create a culture that promoted research, teaching and learning , administrative processes and extension activities driven by technology and anchored on humanism.
The ripple effects of the scholarship, she said, transcended the university to the wider society towards nurturing future leaders, innovators and change leaders.
The beneficiaries, Prof. Amfo added, would contribute to society, drive economic growth and propel positive change, stressing that those were the embodiment of hope for a better and more inclusive world.
A beneficiary, Mamuena Abena Dossah, speaking on behalf of the other beneficiaries, said the scholarship had given the cohort the chance to continue their tertiary education.
She said they would make good use of the opportunity offered to them.
A call for application was redesigned to suit the UGBS/AXIS Pension Scholarship Scheme and was advertised on the Student Financial Aid Office website.
Letters were distributed to various halls of residence and other relevant directorates at the Registry and UGBS.
Applicant must be a regular student or a continuing student of UG with CGPA of 3.0 or better, particularly a needy student.
Applicants will be subjected to two interviews by the Student Financial Aid Office and heads of UGBS/AXIS Pension Scholarship Scheme.
Applicants will be shortlisted after a successful interview and selected applicants would be awarded.